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MarcinO
Rep: 67
Posts: 5,506
Starting it off.
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jimkane
Rep: 3,058
Posts: 33,089
Oh, they could, but usually the best we would see is chop on the area, after such a harsh sell and 'rejection' of the new all-time highs.

Originally posted by MarcinO

They cannot reverse it???
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jimkane
Rep: 3,058
Posts: 33,089
And we have Jim praying to the trading gods for something that makes the history books...
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jimkane
Rep: 3,058
Posts: 33,089
But, it wants to come off this area, you can just see that watching the action here. It could get monkey-hammered just as easily, though. This is not a long I'd consider right off the area. This is a 'stay short and see what happens' area, in my opinion.
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jimkane
Rep: 3,058
Posts: 33,089
Give it to me, baby. Make the history books. May 6, baby. Give it to me.
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jimkane
Rep: 3,058
Posts: 33,089
Looks done...
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jimkane
Rep: 3,058
Posts: 33,089
You know the 'heroes' will be there to save it... Until one day when they aren't.
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jimkane
Rep: 3,058
Posts: 33,089
Okay, small long position justified now, in my opinion.
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jimkane
Rep: 3,058
Posts: 33,089
With great caution...
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jimkane
Rep: 3,058
Posts: 33,089
And already I'm not liking how it looks.
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jimkane
Rep: 3,058
Posts: 33,089
If this swoooooshes now everyone will hear me scream all the way where they are.
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jimkane
Rep: 3,058
Posts: 33,089
Did you all notice how the afternoon setup was right off the obvious TL, with a retest on that TL again? In order for TL to keep sucking suckers into the games they play as they game them, they have to work sometimes, or even suckers wouldn't get sucked in.